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Chinese shares rise for 3rd consecutive day

(Xinhua)
Updated: 2009-07-24 15:59

Chinese equities closed higher for the third consecutive day on Friday, as resources shares gained on continual market optimism over economic recovery.

Related readings:  Banks, realty developers lead share rally  Chinese shares hit new 13-month high  Chinese shares close higher on Wednesday  Chinese shares end lower on Tuesday

The benchmark Shanghai Composite Index closed at 3,372.6 points, up 44.11 points, or 1.33 percent. The Shenzhen Component Index closed at 13,531.72 points, up 10.07 points, or 0.07 percent.

Combined turnover rose to 337.95 billion yuan ($49.47 billion) from 298.69 billion yuan on the previous trading day.